LEG Stock Recent News
LEG LATEST HEADLINES
Leggett & Platt delivered weaker-than-expected quarterly results amid continued weak demand for its bedding products segment. The diversified manufacturer is restructuring that segment to focus on advancing key product growth.
Leggett's (LEG) fourth-quarter results reflect slow demand in most of the markets served.
Although the revenue and EPS for Legget & Platt (LEG) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Leggett & Platt's (LEG) fourth-quarter earnings are likely to have been hurt by supply-related issues and intense inflation.
Besides Wall Street's top -and-bottom-line estimates for Legget & Platt (LEG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Legget & Platt (LEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Leggett & Platt has experienced a challenging twelve months, losing 28% of its value and underperforming the S&P 500. We cover some of the major themes that could dominate the Q4 earnings event, which is due to be held on the 9th of Feb. We close with our thoughts on whether investors should approach LEG stock now.